ntiken18

ntiken18

Have a look how clear support exhibit this stock and it is closed above pervious high so there is posibility to go high but should be cautious here .And keep in mind the formation.

ntiken18

This stock is in consolidation causes of sandwiched between support and resistances trend is obviousely bullish and can break resistance.

ntiken18

There is clear visible that pattern formation is following wave analysiss as you can see 2 and fourth wave now look at 1 and third wave as well it shows next will be fifth and greater than first and third.now another concept is last week it is taken support at its gann fan cross(red line) which is .5 retracement level of fib.

ntiken18

Now sail is about to go up,reversal pattern formed and making higher low alongwith breakout.my analytical style is based on all successesfull legendary trader and investors but i used to analyse using gann fan mostly, .desclaimer it is for educatio al purpose only.

00:55

ntiken18

ready to breakout next day its just for educational purpose only.

00:53

ntiken18

this stock taken support there is double confirmation gann fan and fib as well if it breaks previouse high it may not come to this support again ,this is for educational purpose onliy to learn how to analyse chart.

ntiken18

Coforge ltd is highly boolish stock for this month target will be as shown in chart but you have to causious near target given because after achieving target, retracement may come it is just an idea not a trading advice.

ntiken18

Dow looks as sandwiched between necklines and first support which is now working as resistance if it hold s1 will start to go upside for targets mentioned

ntiken18

Kotak bank projected levels are shown in this chart but you should be careful at previous high t1 if it breaks t2 will be achieved then retrace after that it will go for next target.

ntiken18

hero moto at support if it broken it will go for next cross line as shown here or it may reverse fromm support zone.

02:05

ntiken18

As i have shown that how to use supports by using gan fan you all can find supports for other stocks and index as well, this tool is available free in tradingview.